What users are saying about

Financial Edge NXT

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Top Rated
89 Ratings

Financial Edge NXT

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Top Rated
89 Ratings
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Score 8.2 out of 101

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Likelihood to Recommend

Financial Edge NXT

Financial Edge NXT has its difficulties just like any program but it has many positive features. Access online was a big plus for us, as was the copy feature for invoices, receipts, etc. Those features have proven to be big timesavers. It is easy to use and learn.
Tracy Spence profile photo

Feature Rating Comparison

Payroll Management

Financial Edge NXT
5.4
Pay calculation
Financial Edge NXT
5.2
Direct deposit files
Financial Edge NXT
5.4
Salary revision and increment management
Financial Edge NXT
4.6
Reimbursement management
Financial Edge NXT
6.3

Customization

Financial Edge NXT
6.7
API for custom integration
Financial Edge NXT
7.9
Plug-ins
Financial Edge NXT
5.6

Security

Financial Edge NXT
7.0
Single sign-on capability
Financial Edge NXT
7.1
Role-based user permissions
Financial Edge NXT
6.8

Reporting & Analytics

Financial Edge NXT
6.7
Dashboards
Financial Edge NXT
6.8
Standard reports
Financial Edge NXT
6.7
Custom reports
Financial Edge NXT
6.5

General Ledger and Configurable Accounting

Financial Edge NXT
7.0
Accounts payable
Financial Edge NXT
7.1
Accounts receivable
Financial Edge NXT
6.2
Cash management
Financial Edge NXT
6.8
Bank reconciliation
Financial Edge NXT
7.0
Expense management
Financial Edge NXT
7.3
Time tracking
Financial Edge NXT
6.5
Fixed asset management
Financial Edge NXT
7.0
Multi-currency support
Financial Edge NXT
7.8
Multi-division support
Financial Edge NXT
7.0
Regulations compliance
Financial Edge NXT
7.6
Electronic tax filing
Financial Edge NXT
5.6
Self-service portal
Financial Edge NXT
8.0

Order Management

Financial Edge NXT
5.0
Pricing
Financial Edge NXT
5.6
Credit card processing
Financial Edge NXT
6.6
Cost of goods sold
Financial Edge NXT
2.7

Pros

  • I love the copy invoice feature. This makes for quicker entry of our invoices.
  • The drill-down feature is also a plus when searching for a particular item.
  • Being able to export tables quickly is a timesaver.
Tracy Spence profile photo

Cons

  • Some of the features in Financial Edge 7 database are not yet available in FE NXT such as Fixed Assets and journal transaction history.
  • Sometimes entries aren't posting in NXT but are able to post in FE 7 database view.
  • The report writer doesn't display all of the reports that are being used and it's a little more difficult than in FE 7 database view.
No photo available

Likelihood to Renew

Financial Edge NXT8.1
Based on 3 answers
There aren't too many non-profit specific financial/accounting software solutions available. Even so, Financial Edge NXT meets the needs of our staff and allows us to operate efficiently.
Gregory Seay, CMA, CPA profile photo

Usability

Financial Edge NXT5.5
Based on 1 answer
Still needs development to match the old client server version
Michael Downs profile photo

Support

Financial Edge NXT8.2
Based on 2 answers
Quick, responsive. Keep us in the loop on where the case stands. Chat feature.
Michael Downs profile photo

Implementation

Financial Edge NXT6.4
Based on 1 answer
From an IT perspective, read up on the user setup integrated with the DB View
Michael Downs profile photo

Alternatives Considered

Totally different. SAP is much better, but we don't need anything so powerful for our industry
No photo available

Return on Investment

  • signed a multi-year agreement in Oct 2016... As of Dec 2017, FE NXT conversion has not yet happened...
Marie Roake profile photo

Screenshots

Pricing Details

Financial Edge NXT

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Additional Pricing Details